As of June 2025, Clark Terrace Apartments has reached final completion. Located in the city of Norco, California, this is the third preservation-rehabilitation project that Beacon Development Group and HumanGood Affordable Housing completed under HUD’s RAD for PRAC (Rental Assistance Demonstration for Project Rental Assistance Contracts) program. Clark Terrace Apartments are two 2-story apartment buildings consisting of 80 one-bedroom units which serve low-income seniors 62 years of age and older. The HUD RAD for PRAC program is an important program that HumanGood uses to extend and preserve critical affordable housing communities for seniors. The rehabilitation consisted of new office spaces, conference room and break room for property management along with an updated community room, mail room, gym, lounge and laundry room for residents.
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A Busy and Inspiring Season at Beacon Development Group
The BDG team at their Annual Retreat in Leavenworth, Wa!
May was packed with events that deepened partnerships, highlighted our work, and strengthened our community.
Into the Woods – Beacon’s Annual Retreat
This spring, the Beacon team gathered at Sleeping Lady Resort in Leavenworth, Washington, for a three-day retreat focused on connection, growth, and rejuvenation. Surrounded by nature, we launched our seven-week Positive Intelligence program, set goals for the year ahead, and received updates on the state of the business. Evening activities, like s’mores by the fire and karaoke, fueled camaraderie and lifted spirits. The team left feeling energized, aligned, and ready for the year ahead.
Connections in California
We welcomed the HumanGood Affordable Housing East Development team to California with a kickoff dinner at Fog Harbor Fish House in San Francisco. Throughout the week, Beacon and HumanGood teams toured projects across Northern and Southern California—including Rotary Terrace, Rotary Plaza, Frederick Douglas Haynes Gardens, and Morgan Hill Senior Housing—highlighting the design and materials behind West Coast affordable housing.
On May 15, 2025, Beacon Development Group attended the 2025 NorCal Affordable Housing Supplier Diversity Summit in San Francisco, CA. This event included multiple affordable housing industry partners and provided an exciting, educational networking experience focused on Assembly Bill 2873, which promotes diversity within affordable housing suppliers. Our team was able to connect with a talented pool of diverse suppliers, including minority, women, LGBTQIA+, and disabled veteran business enterprises as well as other affordable housing developers. Through these connections, our team gained valuable insight on how our industry partners have begun to implement AB 2873 reporting and compliance requirements.
Connections in Washington
Back in Seattle, SMR Architects hosted a casual happy hour at Zeitgeist Coffee, where project partners connected over art walks and upcoming travel plans. Walsh Construction followed with a Lunch and Learn, where engaging conversations over lunch strengthened bonds and sparked ideas for future projects.
Celebrating Community
During Affordable Housing Week, Beacon joined festivities at Filipino Community Village, complete with games, food, and community spirit. We also attended Housing Hope’s annual Stone Soup Gala in Tulalip, a powerful evening supporting their mission through stories, conversations, and shared commitment.
Investing in Emerging Leaders
We proudly supported intern Ethan Cano as he presented his thesis on the link between office space development and gentrification in Seattle. Beacon staff attended and were impressed by his thoughtful research and insight.
At Beacon, building strong communities and connections is at the heart of our work and culture. May’s events reminded us of our impact and reinvigorated our shared mission.
2025 Housing California Conference
Beacon Development Group team members—Monalisa, Justin, Peggy, Madeline, Matt, George—attended the Housing California conference in Sacramento, CA.
From March 5th-7th, members of the Beacon Development Group, who work with our communities and development projects in the California geographic footprint, attended the Housing California conference in Sacramento. This year marked the event’s highly anticipated return to the state capital, generating a lot of excitement. Throughout the day, BDG team members participated in workshops covering a range of topics, including the current landscape of the affordable housing industry, insurance, lending and investment trends, construction solutions, and the latest federal housing policy crisis. In addition, staff had the opportunity to network with industry peers, vendors and key investors and lenders. Building these relationships is crucial as we navigate the evolving financial and policy landscape.
Beacon Development Group Knows How to Have Summer Fun!
This summer, our teams in California and Washington came together for an unforgettable series of events that celebrated collaboration, innovation, and community spirit.
In California, the BDG summer outing in San Francisco was a true highlight! The day began with an intriguing visit to Alcatraz Island, where the team explored the infamous old federal prison and soaked up its rich history. Following that adventure, they enjoyed a leisurely stroll along the vibrant Fisherman’s Wharf, culminating in a delightful lunch at Scoma’s Restaurant. It was a perfect blend of fun, food, and exploration!
Meanwhile, our WA team embraced a beloved Seattle tradition by attending a Mariners game. The festivities kicked off with tasty game day bites at Hatback’s restaurant, and the excitement continued as we headed to T-Mobile Park to cheer on the Mariners in their victory over the Tampa Bay Rays. With sunshine, thrilling baseball, and the camaraderie that defines our team, it was a day to remember.
Here’s to more amazing moments together!
Construction Completion of Morgan Hill Senior Housing
We are excited to celebrate the recent completion of the Morgan Hill Senior Housing community. This community is a partnership between HumanGood Affordable Housing and Sunnyvale Life, Inc and is our second project collaboration together in the South Bay Area. This new construction 3-story apartment building consists of 81 one-bedroom apartment units which will serve low-income seniors 62+ and with disabilities.
The community is also partners with Santa Clara Health Plan (SCHP), a community-focused health plan committed to improving health and wellness. Fourteen (14) units are reserved for Special Needs residents who are transitioning from skilled nursing facilities to independent living.
Morgan Hill Senior Housing offers a range of amenities designed to enhance the lifestyle of its residents. Interior features include a welcoming lobby, offices for the manager and service coordinator, a community room, a secured laundry room, a media room, a fitness center, and a third-floor roof deck with open space. Outdoor amenities include a meditation court, a beautifully landscaped courtyard with raised planters managed by residents, and an outdoor BBQ area.
In February 2025, Morgan Hill Senior Housing earning the GreenPoint Rated Platinum Certification. A monument plaque displayed onsite proudly represents this accomplishment, demonstration to our residents that their community was built with a strong emphasis on quality construction, comfort, health, and energy efficiency—enabling them to live their best lives.
Oregon and California Project Finance Closings
We are proud to announce the recent closing on two affordable senior housing communities. We completed our first acquisition-preservation l closing in the state of Oregon for the rehabilitation of Olive Plaza Apartments. This 12-story apartment building with 150 one-bedroom units is located in downtown Eugene. With the help of The City of Eugene, Oregon Housing and Community Services, HUD, Enterprise and Umpqua Bank, we will be able to modernize the 40-year-old building and preserve and extend the HUD Section 8 HAP for another 20-years. This will allow us continue serving low-income seniors 62 years of age and older.
In addition, Clark Terrace in Norco, California also closed financing. This project is the third rehabilitation Beacon Development Group and HumanGood Affordable Housing have undertaken under HUD’s RAD for PRAC (Rental Assistance Demonstration for Project Rental Assistance Contracts) program. Clark Terrace two adjacent 2-story apartment buildings consisting of 80 one-bedroom total units which serve low-income seniors 62 years of age and older.
Canterbury Village & The Gardens Construction Completion
Following several years of advocacy and the historic overhaul of HUD’s RAD for PRAC (Rental Assistance Demonstration for Project Rental Assistance Contracts) program, Beacon is happy to announce the completed redevelopments of one of the first RAD for PRAC (LIHTC) funded projects in the nation. Canterbury Village and The Gardens which provide 64 and 75 units respectively, have both reached construction completion! Canterbury Village in Santa Clarita, CA completed construction in June 2023 after a 13-month rehab. Meanwhile, The Gardens in Glendale, CA finished rehabilitation a few months later in August 2023 after 14-months.
Both projects included renovations of their property management offices, laundry rooms, libraries and community rooms. The building’s plumbing, HVAC, and electrical systems were completely overhauled. New mailbox locations and elevator shafts work has been completed as well. On the exterior; window framing, paint, egress and parking pavement have been updated. Residents enjoy remodeled kitchens, new bathroom, flooring, and windows.
These 139 units, which have provided housing to low-income seniors for over 30 years, will now be able to continue to serve the community for the next 30 years.
MORGAN HILL SENIOR HOUSING REACHES 50% COMPLETION
In the South Bay Area of Northern California, Morgan Hill Senior Housing, the partnership community between HumanGood Affordable Housing and Sunnyvale Life, Inc. has reached its 50% construction completion milestone. This 3-story apartment’s new construction consists of 82 large one-bedroom units which will be serving low-income seniors 62+ and adults with disabilities.
On the building’s interior, the rough mechanical, electrical and plumbing are being completed along with the roofing and window installation. In the coming months, the building exterior stucco and paint, outdoor, drought tolerant landscaping, and a covered walkway to the drop-off area and resident parking lot will be completed. Solar stanchions have been installed throughout the entire roof top to accommodate for the photovoltaic solar panels to power this fully electric building. Interior features include a welcoming lobby, manager and service coordinator offices, community room, secured laundry room, fitness center and lounge on the 3rd floor with roof deck open space.
This is the second affordable housing partnership project between HumanGood Affordable Housing and Sunnyvale Life, Inc. with their first being a rehabilitation of Life’s Garden community in Sunnyvale, CA back in 2016. Construction completion of Morgan Hill Senior Housing is scheduled for summer 2024.
HumanGood provides clean, renewable energy for residents and communities
Solar panel installation reduces carbon footprint and costs for affordable housing sector.
HumanGood has been making strides in our efforts to reduce its carbon footprint and costs for our properties and residents. Beacon Development Group, HumanGood’s development arm, has been installing solar panels on new affordable housing communities and rehabilitation projects using two solar technologies: solar photovoltaic, which uses sunlight to generate electric currents, and thermal, which uses sunlight to heat water used in the communities. Currently, more than a dozen affordable housing communities own their own solar system whether it is solar electric or solar hot water. Outside ownership, there are also other options to provide these technologies for our communities.
The Solar on Multifamily Affordable Housing (SOMAH) and Multifamily Affordable Solar Housing (MASH) programs help provide clean energy and save costs for residents at no cost to the property. The programs are offered to select California utility providers and present financial benefits, improve environmental sustainability, and offset the costs of climate change for communities. Approximately 50 percent of the solar produced will reduce residents’ energy bills while the other 50 percent benefits the communities themselves.
“We have the footprint across our portfolio to use the sun to power our buildings and in some cases, heat the water used by our residents,” said George Sousou, construction management director, Beacon Development Group. “There are many benefits to solar whether it’s the reduction in our buildings’ carbon footprint, the cost savings to daily operations and residents, or just doing our part of being responsible building owners.”
Beacon’s construction management department installed solar technology on four HumanGood affordable housing communities across California through the SOMAH program: Valley Vista, Judson Terraces Homes, Life’s Garden, and Sycamore Terrace. Fern Lodge is also 75 percent complete with its installation. Beacon plans to complete installation at six more communities in the next year under a contract with SunRun.
“I hope to one day see solar and other renewable energy alternatives across our entire portfolio of affordable housing and life plan communities,” said Sousou. By the end of 2024, Beacon plans to install solar panels in a total of 23 HumanGood affordable housing communities in California.
Castle Argyle wins in 60th Annual Gold Nugget Awards
HumanGood affordable housing community Castle Argyle was recently announced as a winner in the 60th Annual Gold Nugget Awards 2023 Award of Merit list for Best Affordable 55+ Housing. According to the Gold Nugget Award website, Award of Merit winners are selected by a panel of top industry experts who reviewed nearly 650 entries that showcase the most exciting trends in design, planning, and building. Castle Argyle serves seniors 62+ and adults 18+ with disabilities earning less than 50% of the area median income. With efforts from Beacon Development Group, Walton Construction, and Relativity Architects, the nearly 100-year-old building underwent renovations in 2022 that feature upgraded units and common spaces, energy-efficient appliances, new elevators and HVAC systems. The exterior also features new landscaping and a unique, custom mural by Puerto Rican-based artist Roberto Biaggi. Restoration of the Castle Argyle building was brought back to its classic Hollywood style.
“I want to recognize the perseverance, innovation, and resilience of the entire design, development, operations, and resident services team, that overcame so many challenges to do what is right,” said Cindy Proctor, vice president at Beacon Development Group. “They, along with the residents themselves, endured COVID-19 isolation, temporary relocations, and the stress of rehabilitating the building.” Castle Argyle’s renovations were graciously funded by Citi Bank and U.S. Bank, and the United States Department of Housing and Urban Development.
The Golden Nugget Awards celebrates art, innovation, and development in categories such as senior housing, mixed-use, educational, and indoor-outdoor lifestyle. The awards are presented at the Pacific Coast Builders Conference, the leading event of Leading Builders of America. This year, the event will be held on May 24 in Anaheim.